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20121111
20121111
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CSPAN 1
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CSPAN
Nov 10, 2012 7:00pm EST
. on the sequestered, i heard somebody say either on cnn or fox that without the spending, and our gdp would be 1.3%. our economy is anemic. we cannot -- we need to do things that are necessary, get rid of these regulations and put some -- you know, lower taxes. and let these corporations put these -- we need policies, you cannot, businesses do not operate on twelvemonth plans. they operate on three, five-year plans. there is no confidence in washington sure yet you have businesses sitting on a bunch of cash and are not spending it, not hiring because there is no confidence in washington. they do not know what is going to happen next. they do not know what their tax rate is going to be. we need to focus on policies and create a pro-growth environment so these businesses will have confidence in washington and they will invest in their organizations and hire people. you cannot -- we are never going to create a pro-growth environment when, you know, they are doing things on twelvemonth plans. it is not acceptable. and the defense department, look at what happened in -- we have to protect ourselves.
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